W/Bank mobilises $5.79bn private capital for Nigeria
By Emma Ujah, Abuja Bureau Chief The World Bank Group has said it is helping to mobilise $5.79 billion in private capital for investment in Nigeria’s agriculture, telecommunications and micro, small and medium enterprises (MSMEs), in a major push to expand private-sector participation in the economy. The financing drive is being supported by policy reforms, […]
Nigerian Stock Exchange: Fidson Healthcare, NASCON Allied to losers charts
31 companies shed weight at the end of today ‘s trading triggering a slow down in the market with investors losing N13 billion from their investment.
AfDB targets $8 b investments in Nigeria
…As FG asks the bank to make Nigeria regional hub Emma Ujah, Abuja Bureau Chief The African Development Bank, (AfDB) would increase its investments in Nigeria to $8 billion by next year, the President, Dr. Akinwumi Adesina, has revealed. Speaking at the opening of the bank’s Country Office building in Abuja, Thursday, he said that […]
Growth, digitisation, innovation top priority for banks in 2018 – EY Report
Banks in Nigeria and across the world are expected to shift priorities towards growth, digitalisation, and innovation as top priorities in 2018 to be able to remain in business and make remarkable profit.
VAIDS: Experts warn against non-declaration
Tax experts have warned against non-compliance with the Voluntary Assets and Income Declaration Scheme (VAIDS), a tax amnesty programme of the Federal Ministry of Finance. Speaking at a one-day VAIDS workshop for professionals in tax advisory services in Port Harcourt on Tuesday, the experts warned that those who fail to fully declare their assets and incomes at the expiration of the window offered by the scheme on 31 March risk prosecution among other penalties.
Adeosun, others call for additional capital for AfDB
Minister of Finance, Mrs. Kemi Adeosun and finance ministers from West and Central African countries have called for additional capital injection into African Development Bank (AfDB) to enable it meets its mandate for Africa.
